Brazilian funds ended 2017 with USD 30 billion in offshore investments

The major sponsors of globally-oriented funds in Brazil - in particular Western Asset, JP Morgan and Claritas - all benefited from the uptick. The expectation is for additional managers to enter the space.

This content is reserved for our licensees.

Log In Register

CMN heeds industry advice, ditches rule requiring risk rating on cross-border funds

The original resolution by the Brazilian Monetary Council had paralyzed the offer of global funds to local pension managers, said Marc Forster, executive director at Western Asset in Sao Paulo.

This content is reserved for our licensees.

Log In Register

Pimco puts on asset-gathering master class in Brazil

Pimco's Brazil-domiciled feeder funds, which invest in cross-border Pimco products, raised roughly USD 350 million in the first six months of 2017, with AUMs jumping from USD 61 million to USD 419 million. Luis Otavio Oliveira, Pimco's VP of business development, explains how.

This content is reserved for our licensees.

Log In Register

BTG and Itau innovate by opening onshore fund platforms to third parties

“Almost all funds in the market are now available on our digital platform,” BTG Pactual Digital's Marcelo Flora told Fund Pro Latin America. “For us, offering open architecture is a way to truly put the client first."

This content is reserved for our licensees.

Log In Register

Managers hopeful that lower rates will spur demand for cross-border offerings

Itajubá Investimentos' Carlos Garcia believes the reduction of local interest rates may attract Brazilian investors to global offerings, but cautioned that pension funds still need to be convinced to diversify.

This content is reserved for our licensees.

Log In Register

JP Morgan Brazil is bullish on demand for international offerings

Giuliano de Marchi believes there are 500,000 Brazilians with investments in excess of BRL 1 million, the amount needed to fully invest abroad. “Yet, only 1% of the investors able to invest abroad actually do it,” he told Fund Pro Latin America.

This content is reserved for our licensees.

Log In Register

Cross-border managers in Brazil encouraged by investor interest in global diversification

Giuliano De Marchi of JP Morgan AM in Latin America says the number of investors testing the new offerings of international funds in Brazil has grown exponentially compared to just a few months ago, when Instruction 555 came into force.

This content is reserved for our licensees.

Log In Register